DoubleLine Opportunistic Credit Fund Overview
Pro stress-test →DoubleLine Opportunistic Credit Fund is a closed-ended fixed income mutual fund launched and managed by DoubleLine Capital LP that invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S. Government securities, corporate debt, and international sovereign debt. The fund's investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation.
Strategic Profile
Pro stress-test →As of May 2026, the fund maintains a consistent monthly distribution policy of $0.11 per share. The fund offers a dividend yield of 9.19%. As a closed-end fund traded on the NYSE, DBL provides income-focused investors with opportunistic exposure to credit markets with regular shareholder distributions.
Competitive Landscape
Pro stress-test →DBL competes within the closed-end credit fund space alongside other opportunistic and tactical credit vehicles. The fund's diversified portfolio strategy and consistent distributions position it against broader fixed-income alternatives managed by other asset managers offering similar credit exposure and yield-focused strategies.
Industry Context
DoubleLine Opportunistic Credit Fund operates in Closed-End Fixed Income Funds.
Key facts
Founded: 2011 · Headquarters: Tampa, US · Market cap: $283.9M